#Barclays has informed its users that it is suspending debit/credit card payments to cryptocurrency exchange #Binance until further notice.
Banking giant Barclays has blocked all credit/debit card transfers to cryptocurrency exchange Binance. This step by Barclays is the latest move against Binance, the world's largest cryptocurrency exchange by trading volume.
🚨Important Notice from Barclays
Barclays has informed its users that it is suspending debit/credit card payments to cryptocurrency exchange Binance until further notice. According to a statement from Barclays, it was noted: We wanted to inform Binance that we are suspending credit/debit card payments until further notice. This is one step to help you keep your money safe. We apologize for any inconvenience this may cause.”
On June 26, the FCA issued a warning that Binance is not allowed to conduct any regulated activities in the country.
🔥Binance then argued that the FCA statement would not affect its services in the UK, as BML is a separate entity. Binance; Outside the UK, it faces intense scrutiny in Canada, Thailand, the Cayman Islands, Japan and some other jurisdictions.
